5 Trenton, Providence, RI, 02906

Located in one of the East Side's most desirable and high demand rental corridors, 5 Trenton Street presents an excellent opportunity for buyers seeking stable income and long-term appreciation. This legal 3-family property is located in close proximity to Brown University and RISD, and is walking distance to many of the best restaurants, bars, and cafes in Fox Point, driving consistent year-round tenant demand. There are three 2 Bed/1Bath units, each with separate utilities, off-street parking, replacement windows, and lead certificates. Additional highlights include a fenced in backyard and large basement storage area. Fully leased through Summer of 2027, this turnkey property delivers an immediate 7%+ cap rate with further long-term upside in a blue-chip East Side location.

Residential Income
$915,000
Location
City/TownProvidence
CountyProvidence
Interior
Living Area2,142 sq. ft.
Rooms13
HeatingElectric, Natural Gas, Baseboard, Forced Water
CoolingWindow Unit(s)
Additional Information
Tax Assessment$748,500
Exterior
Acreage0.0574
Listed By: William Raveis Inspire

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